Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 179. (Read 679332 times)
February 12, 2015, 06:37:50 PM
I recommend that everyone make a backup of their data directory now. This way if you were to miss the fork and couldnt get the wallet to auto reorganize, then you could start from the backup.
February 12, 2015, 05:38:53 PM
avast ye scurvy scallywags... prepare to be forked!
(can you believe scallywags is in spell check?)
(can you believe scallywags is in spell check?)
I'm afraid to even google it.
What the *bleep* are scallywags?
February 12, 2015, 05:25:52 PM
I am creating an immediate hard fork that will be rolled out tonight if all testing goes well.
The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough. We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.
The economics of the coin will be left untouched.
I will release a new windows binary soon and source to pull from once we are done fully testing the fork code
The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough. We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.
The economics of the coin will be left untouched.
I will release a new windows binary soon and source to pull from once we are done fully testing the fork code
Going to bed, but will update in 8 hours if i don't forget, else i might miss out some nice stakes
February 12, 2015, 05:18:18 PM
avast ye scurvy scallywags... prepare to be forked!
(can you believe scallywags is in spell check?)
(can you believe scallywags is in spell check?)
February 12, 2015, 05:08:13 PM
I am creating an immediate hard fork that will be rolled out tonight if all testing goes well.
The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough. We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.
The economics of the coin will be left untouched.
I will release a new windows binary soon and source to pull from once we are done fully testing the fork code
The new staking code has shown a major vulnerability in PoS coins that allow a considerable amount of time drift. Looking at the charts, difficulty has been driven into the ground, while block minting has increased. This should never happen. What we have figured out is that our blockchain rules are not strict enough. We will reign in timedrift from 15 minutes to one minute, allowing very minimal future hashing.
The economics of the coin will be left untouched.
I will release a new windows binary soon and source to pull from once we are done fully testing the fork code
February 12, 2015, 03:19:05 PM
Are any HyperStake assets and divident distribution system?
Yes, just by staking, you receive a very large dividend.For every 10K HYP you buy, you receive 10% every 12 days on average
(I make it very simple, guy, don't shout at me)
I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.
To much technical ideas here (it is not bad) but practically isn't financial ones.
I had thought about creating a HYP ETF in the ClearingHouse platform a while ago. The values are both roughly 200 satoshi per and with the XCH platform you can issue dividends. It seemed like a cool way to get folks earning staking rewards by owning tokens of the ETF, instead of running a node.
Unfortunately issuing dividends is blocked in my country with XCH and I haven't revisited it with XCP or XDP.
February 12, 2015, 03:11:54 PM
Yes if you have your block size at 10k then 1k in about 12-14 days now. Depends on diff level.
Oh good, I was concerned that I was hurting myself by not downloading the fancy new wallets, but that's about the rate I'm getting with v1.0.6
February 12, 2015, 02:41:51 PM
Are any HyperStake assets and divident distribution system?
Yes, just by staking, you receive a very large dividend.For every 10K HYP you buy, you receive 10% every 12 days on average
(I make it very simple, guy, don't shout at me)
I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.
To much technical ideas here (it is not bad) but practically isn't financial ones.
February 12, 2015, 01:32:36 PM
Yes if you have your block size at 10k then 1k in about 12-14 days now. Depends on diff level.
February 12, 2015, 01:07:36 PM
Are any HyperStake assets and divident distribution system?
Yes, just by staking, you receive a very large dividend.For every 10K HYP you buy, you receive 10% every 12 days on average
(I make it very simple, guy, don't shout at me)
10% is good amount while staking.
February 12, 2015, 12:59:27 PM
Hello
Got a quick question on the Hyperstake Pool - First of its Kind PoS Pool
It been over a week since a new pool been setup , and I see HYP coins have been sent to the HyperPool address.
Just like to know how often are the pool are set up. I did sent a message on the Official Hyperstake Staking Pool forum . but it's been quiet on the forum
we need more participant sends HYP to the pool. I do not want to see the Hyperstake Pool - First of its Kind PoS Pool to go down do to lack of interest ...
https://bitcointalksearch.org/topic/ann-hyp-hyperstake-pool-public-pool-is-closed-private-pool-is-open-834599
kprell40
February 12, 2015, 12:08:32 PM
Are any HyperStake assets and divident distribution system?
Yes, just by staking, you receive a very large dividend.For every 10K HYP you buy, you receive 10% every 12 days on average
(I make it very simple, guy, don't shout at me)
I mean a little different thing. Assets that earn money change it to HyperStake and distribute it to HyperStake's asset shareholders.
If there are no such assets I think it should to be issued. Because it can stabilise price HS.
To much technical ideas here (it is not bad) but practically isn't financial ones.
February 12, 2015, 11:50:50 AM
Are any HyperStake assets and divident distribution system?
Yes, just by staking, you receive a very large dividend.For every 10K HYP you buy, you receive 10% every 12 days on average
(I make it very simple, guy, don't shout at me)
February 12, 2015, 11:44:41 AM
beta wallet testers, please redownload the exe/rebuild from latest commit.
https://github.com/hyperstake/HyperStake/releases/tag/v1.0.9.3
https://github.com/hyperstake/HyperStake/releases/tag/v1.0.9.3
February 12, 2015, 11:32:49 AM
Are any HyperStake assets and divident distribution system?
February 12, 2015, 09:53:30 AM
I am keeping my eye on the downward difficulty spiral that unleashing the full timedrift power to everyone is causing. This might be a reason for a fork in order to make time drift rules much more strict. My suggestion would be 60 seconds future as well as 60 seconds past.
I think this would be a great improvement to both network stability & security. There is no reasonable use case to support the original time drift allowance of 15 minutes. Keep up the great work Presstab!
February 12, 2015, 09:48:33 AM
Nice! Looking forward to liteStake with my Raspberry Pi.
Sparksi you should be able to recompile with the latest github commits.
February 12, 2015, 09:40:30 AM
David awesome suggestions, those should be fairly easy to change in the code, I'll get on it asap 
February 12, 2015, 08:05:54 AM
Nice! Looking forward to liteStake with my Raspberry Pi.
February 12, 2015, 03:16:24 AM
Press is the man!
Here some more improvements, I wrote before even reading of your new code.
Improving multisend
Goal: be more intuitive and simpler. If all these suggestions are implemented, address number and the delete command are not necessary anymore (the address number may still be present in the code, but it is hidden to the user).
Subjective, based on what appears simpler and more intuitive to me - feedbacks welcomed.
Request 1
Change
For
Why
The only occurence where you have to use the number. Get rid of one variable, from the user's perspective. When using the GUI, you may as well copy the address. I understand this can be tricker when using the CLI, though, where one digit is much simpler than a long address.
Request 2
Changing the percentage of stake to one address just by typing a new percentage for the said address
Presently
Proposed
Why
Only one step instead of two. Same remarks regarding CLI and GUI.
Request 3
Expands on request 2. Delete by just moving to 0%.
Presently
Proposed
Why
Elimintate the need for the delete command. Same remarks regarding CLI and GUI.
Here some more improvements, I wrote before even reading of your new code.
Improving multisend
Goal: be more intuitive and simpler. If all these suggestions are implemented, address number and the delete command are not necessary anymore (the address number may still be present in the code, but it is hidden to the user).
Subjective, based on what appears simpler and more intuitive to me - feedbacks welcomed.
Request 1
Change
Code:
multisend delete - deletes an address from the MultiSend vector
For
Code:
multisend delete - deletes an address from the MultiSend vector
Why
The only occurence where you have to use the number. Get rid of one variable, from the user's perspective. When using the GUI, you may as well copy the address. I understand this can be tricker when using the CLI, though, where one digit is much simpler than a long address.
Request 2
Changing the percentage of stake to one address just by typing a new percentage for the said address
Presently
Code:
1. multisend delete - deletes an address from the MultiSend vector
2. multisend %
2. multisend %
Proposed
Code:
1. multisend %
Why
Only one step instead of two. Same remarks regarding CLI and GUI.
Request 3
Expands on request 2. Delete by just moving to 0%.
Presently
Code:
multisend delete
Proposed
Code:
multisend 0%
Why
Elimintate the need for the delete command. Same remarks regarding CLI and GUI.
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